I believe people will invest in SIAF not for the dividend yield but because it will signify 1) they finally care about shareholders 2) their cash flow is improving 3) their cash flow is real.
After they're convinced the earnings are actually real due to the cash dividend they'll invest for the earnings growth, whether it's due to beef prices bouncing back, MegaFarm expansion after closing financing, success with the new TRW trade division, Nortus getting financing for Angola project, etc. The cash dividend will simply create credibility to start valuing the stock like a normal, even OTC stock. A 5 P/E will do and get us way past $1. And as I mentioned before, the dilution is what was responsible for the real waterfall in the share price.
The important part is knowing that dilution is permanently gone. Having a semi-annual cash dividend in place will be a nice reminder to shareholders that the company has more than enough money to not dilute. I think Solomon is more than incentivized to announce the cash dividend dates ASAP, and the fact that he hasn't probably means we won't get it by year end (the market seems to be pricing this in as well). I've seen some companies with payouts for Dec. 31st and record dates as late as Dec. 22nd, but they already made the announcement of these dates last week whereas SIAF hasn't.
